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The Latest Breaking News on Crypto

Michael Hiltzik: Crypto tycoon Sam Bankman-Fried didn't lose a $16 billion fortune. His 'fortune' was never real

The Greek tragedy unfolding in the financial press over the last week is the story of Sam Bankman-Fried, the would-be cryptocurrency tycoon and political kingmaker whose multibillion-dollar empire has sunk like the Titanic after its encounter with the iceberg.

Los Angeles Times

Sam Bankman-Fried was hailed as a crypto wonder child. What happened?

Bankman-Fried promoted himself as an eccentric genius. In reality, his image was a distraction from what was going on inside FTX

The Guardian - US

Sam Bankman-Fried’s $40m Bahamas penthouse reportedly up for sale

Entrepreneur at center of FTX scandal put luxury residence up for sale the same day crypto exchange filed for bankruptcy

The Guardian - US

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Binance proposes fund to save crypto from future failures

Cryptocurrency exchange giant Binance is proposing the creation of a rescue fund that would save otherwise healthy crypto companies from failure

The Independent UK

FTX crypto king Sam Bankman-Fried subject of new book by Michael Lewis

Bestselling writer Lewis has been shadowing Bankman-Fried as the cryptocurrency founder’s company, FTX, failed

The Guardian - UK

Binance boss says no one can be protected from a ‘bad player’

Changpeng Zhao announces plans for an industry ‘recovery fund’ for struggling crypto firms

The Guardian - UK

Sam Bankman-Fried's downfall sends shockwaves through crypto

Sam Bankman-Fried received numerous plaudits as he rapidly achieved superstar status as the head of cryptocurrency exchange FTX: the savior of crypto, the newest force in Democratic politics and potentially the world’s first trillionaire

The Independent UK

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Chronicling Luke Skywalker And Darth Vader, Bestselling Author Michael Lewis Has Book In Works Covering Sam Bankman-Fried and Changpeng Zhao

With the world fascinated and intrigued by the story of FTX and its co-founder Sam Bankman-Fried, many have wondered how long it will take until a movie or series on the storyline pops up in theaters or on

Benzinga

How Binance played a key role as FTX collapse unfolded

Cryptocurrency exchange run by Changpeng Zhao pulled out of deal to rescue its rival

The Guardian - UK

Binance deal for FTX collapses

Binance pulled out of the deal after its corporate due diligence and reports of mishandled funds.

Al Jazeera

Over a million customer crypto accounts at risk as Binance abandons FTX acquisition

The US Securities and Exchange Commission is reported to be expanding its investigation into the beleaguered crypto exchange

Evening Standard

FTX-Binance dal: Sam Bankman-Fried’s downfall stuns crypto world

Sam Bankman-Fried was supposed to be different than the run-of-the-mill crypto types. He was this wunderkind with a preternatural gift for math who had quickly built a crypto empire and then shrewdly expanded it during the worst of the industry’s meltdown this summer.

The Times of India

Binance to buy FTX in major cryptocurrency exchange merger

Public squabble between the two largest offshore exchanges’ bosses led to run on FTX and forced sale

The Guardian - UK

Crypto exchange Binance to buy rival FTX in apparent bailout

The cryptocurrency exchange Binance said it plans to buy its rival FTX Trading, in what appears to be a bailout of FTX

The Independent UK

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Evening Standard

Binance acquires crypto exchange FTX to tackle ‘liquidity crunch’

It comes just hours after FTX’s founder said the company “is fine” and hit back at reports of the firm’s instability as “false rumours”

Fortune

Binance just acquired FTX in a shock crypto deal

The jaw-dropping deal comes after days of uneasy speculation about FTX's solvency.

Axios

Crypto exchange Binance to acquire rival FTX

The largest exchange in the world is buying a fast-growing competitor that faced a liquidity crunch.

The Independent UK

Boris Johnson to give speech at Blockchain conference in Singapore

Former PM’s appearance follows lucrative speaking gig in US state of Colorado

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The Guardian - UK

Boris Johnson to be keynote speaker at blockchain conference in Singapore

Former PM will address meeting to discuss global ‘migration to the digital economy’

Insider UK

BetDEX becomes first licensed blockchain betting exchange

Scottish tech start-up has been regulated by Isle of Man’s Gambling Supervision Commission

Evening Standard

Blockchain firm Valereum wants users to trade shares with Bitcoin after buying Gibraltar Stock Exchange

Valereum first acquired a majority stake in the exchange in October last year

Benzinga

Bitcoin, Ethereum Lose Key Levels, Dogecoin Drops: Analyst Says 'Be Careful Out There'

Bitcoin traded below the $19,000 mark on Wednesday evening as the global cryptocurrency market cap dropped 1.6% to $912.5 billion at 9:17 p.m. EDT.

Benzinga

Bitcoin, Ethereum, Dogecoin Drop Amid Risk Rally: Analyst Says 'There's Unfinished Business' Below $19,000 For Apex Coin

Major coins traded lower on Tuesday evening as the global cryptocurrency market cap declined 1.1% to $928 billion at 9:14 p.m. EDT.

Benzinga

Bitcoin, Ethereum And Dogecoin Hold Stable Despite Market Volatility: What To Watch This Weekend

Bitcoin (CRYPTO: BTC) popped up almost 3% higher on Friday morning but was dragged down by the general market shortly after the regular trading session opened.

Benzinga

Bitcoin, Dogecoin Rise, Ethereum Drops After Inflation Spike: Analyst Says Apex Crypto Technical Selling 'Could Get Ugly' Below This Level

Bitcoin traded higher intraday on Thursday evening as the total cryptocurrency market cap rose 0.2% to $923.3 billion at 9:02 p.m. EDT.

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